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The billions and the billions, they keep coming. Canada’s appetite for cannabis has more than tripled since the early 1990s, a dramatic shift in consumption habits that precedes the country’s experiment with marijuana legalization. Long more lenient with cannabis than their more conservative neighbors to the south, Canadians have been able to access legal medical…

Pot’s meteoric rise in Canada has spurred speculation of a bubble but betting against the boom isn’t so easy. Short-selling Canadian marijuana stocks is expensive as the values of companies continue to climb and few shares are available to borrow, a key step in betting against a security. The brokerages of top Canadian banks don’t…

The Canadian House of Commons held a spirited debate over the legalization of cannabis Tuesday as the Liberal government presented a second reading of its Bill C-45. Marco Mendicino, Justice and Attorney General, presented the government’s report and pressed for the passage of the legislation. He spoke of the “thousands of Canadians” who have been…

Canopy Growth Corp., the largest company in Canada’s rapidly developing marijuana industry, agreed to buy competitor Mettrum Health Corp. for about C$430 million ($321 million) to expand production as the government moves toward legalization. The all-stock deal values Mettrum at C$8.42 a share, the companies said Thursday in a statement, representing a 42 percent premium…

Heroin and cocaine are killing people. Heroin, a Schedule I narcotic, is like a beast constantly riding users, who eventually surrender and know there is no escape. If they run out, they get deathly ill and will do nearly anything to get enough money for a fix. Cocaine, a drug of abuse on Schedule II,…

The Canadian Prime Minister Justin Trudeau says amnesty for cannabis “offenders” might come after Canada’s legal retail market launches this summer. California’s long march towards marijuana legalization has been characterized mostly as an economic boon. Legal cannabis sales to all adults 21 and over means a rapid expansion to an already huge $7 billion legal…

Canada will take steps next year to legalize marijuana, which would mark the first time that a G-7 nation legalized marijuana. In 2013, Uruguay became the first nation to legalize marijuana. At the United Nations General Assembly Special Session on Drug Problems (UNGASS) earlier today, Health Minister Jane Philpott acknowledged the challenges that still exist in…

OTTAWA — The Canadian government announced Wednesday that it will introduce legislation next year to decriminalize and legalize the sale of marijuana, making Canada the first G7 country to permit widespread use of the substance. The announcement was made by Canada’s health minister, Jane Philpott, at a U.N. drug conference in New York. It follows…

Police are cracking down on existing cannabis storefronts prior to opening government-run shops. It’s a true statement that adults in Canada will be able to walk into a store and purchase marijuana in the same way they would a bottle of wine or a donut sometime next year — when Prime Minister Justin Trudeau’s promised…

Canada’s marijuana task force announced Wednesday that it has fulfilled its mission and soon will deliver a final report to the government outlining recommendations for the country’s legal cannabis framework. The report is being translated and will be provided to federal ministers and the public by mid-December, once it is in both official languages of…

The official recommendations for Canada’s legal cannabis market are out, and they include full access for all adults over 18 years of age. Tuesday saw Canadian officials commit to researching the findings of the nation’s Task Force on Cannabis Legalization and Regulation after it issued its final report at the end of November. The nine-member…

In Canada’s new federal budget, the country set up a tax framework that would tax adult-use and medical cannabis at the same high level. Medical marijuana patients in the Great White North are fuming after learning the Canadian government included medical marijuana taxes in its federal budget. In the budget released on Monday, Feb. 26,…